4. Suppose that every 4 months, you make a $589 payment toward a 11-year loan whose annual rate is 9.4%. How much was the loan for?

Round your answer to the nearest dollar.

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6. John took out a 12-year loan for $94,231 from his local bank at an annual rate of 7.8%. If he plans to make weekly payments, how much will each payment be?

Round your answer to the nearest dollar.